UK flavour and fragrance company Treatt saw turnover increase 11
per cent for the year with a slight dip in pre-tax profit from
£2.83m in 2001, to £2.77m for 2002, the company reports today.
Investment in the USA is paying off.
Polish soft drinks and mineral water producer Hoop has acquired its
counterpart Woda Grodziska, a move which it says will enable it to
step up its plans for expanding to the German market for the first
Coors, the US brewer which acquired the Bass Brewers business in
the UK earlier this year, is to invest £35m in increasing capacity
at its Burton-on-Trent brewery, a move designed to help it meet the
demands of the increasingly important...
Already a major player in the Polish vodka market, French company
Belvedere has strengthened its position there with the acquisition
of the Polmos Krakow distillery, taking its market share to 15 per
The consolidation of the German beer market continued this week
with Belgium's Interbrew strengthening its position as the
country's leading foreign player, adding the Hannover-based Gilde
brewery to its Beck's and...
Already the world's leading water cooler supplier, France's Danone
has further strengthened its business with the acquistion of the
Canadian firm Sparkling Spring, giving it strong positions in the
UK and the Netherlands...
Cranberry sales for US co-operative Ocean Spray Cranberries may be
booming in Europe but news this week that its CEO of three years,
Robert Hawthorne, has resigned led US ratings agency Moody's to
review a possible downgrade...
Baltic Beverages Holding, the 50-50 joint venture between Hartwall
and Carlsberg, has taken a 76 per cent stake in the Kazakhstan
brewery Irbis - a move which will help improve BBH's already
considerable influence on results...
Flavour sales continued to decline in Europe for number one
flavours and fragrances company, International Flavors &
Fragrances, but despite this the overall picture for the third
quarter of 2002 is clearly optimistic and the...
It is barely two months since the world's number one spirits and
wine group announced 9 per cent organic sales growth for the first
half, but Diageo is already warning that growth in the second half
will be harder to achieve.
Significant investment in core spirits and wine brands, plus the
addition of a number of major products such as Malibu and Mumm
Cuvee Napa, helped the world's number two spirit and wine maker to
a 16 per cent rise in sales in...